CSW Industrials (NYSE:CSW) Price Target Cut to $290.00 by Analysts at Wells Fargo & Company

CSW Industrials (NYSE:CSW) had its price target cut by Wells Fargo & Company from $320.00 to $290.00 in a report released on Friday,Benzinga reports. They currently have an equal weight rating on the basic materials company’s stock.

CSW has been the subject of several other reports. Citigroup increased their price target on shares of CSW Industrials from $304.00 to $340.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Truist Financial lifted their price objective on CSW Industrials from $313.00 to $332.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Wall Street Zen cut CSW Industrials from a “buy” rating to a “hold” rating in a research report on Sunday, October 18th. Zacks Research cut CSW Industrials from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Finally, Weiss Ratings raised CSW Industrials from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $343.29.

CSW Industrials Stock Down 2.0%

Shares of CSW Industrials stock opened at $285.72 on Friday. The company has a market cap of $4.65 billion, a P/E ratio of 36.72 and a beta of 0.81. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.36 and a current ratio of 2.35. CSW Industrials has a one year low of $236.66 and a one year high of $355.48. The firm has a fifty day moving average of $298.08 and a two-hundred day moving average of $290.90.

CSW Industrials (NYSE:CSW) last issued its earnings results on Thursday, October 29th. The basic materials company reported $3.66 earnings per share for the quarter, missing the consensus estimate of $3.69 by ($0.03). The firm had revenue of $361.44 million during the quarter. CSW Industrials had a net margin of 10.17% and a return on equity of 18.38%. The firm’s quarterly revenue was up 30.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.96 earnings per share. On average, analysts forecast that CSW Industrials will post 12.53 earnings per share for the current year.

CSW Industrials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Friday, October 30th. CSW Industrials’s dividend payout ratio (DPR) is currently 16.46%.

Insider Transactions at CSW Industrials

In related news, EVP Jeff Underwood sold 720 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $346.96, for a total value of $249,811.20. Following the completion of the sale, the executive vice president owned 6,409 shares in the company, valued at $2,223,666.64. This trade represents a 10.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Joseph B. Armes sold 1,500 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $287.04, for a total transaction of $430,560.00. Following the sale, the chief executive officer directly owned 64,083 shares in the company, valued at approximately $18,394,384.32. This represents a 2.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,720 shares of company stock valued at $1,114,741 in the last quarter. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On CSW Industrials

A number of hedge funds and other institutional investors have recently modified their holdings of CSW. Port Capital LLC purchased a new position in CSW Industrials in the 2nd quarter valued at approximately $1,392,000. HighTower Advisors LLC raised its holdings in CSW Industrials by 1,431.5% during the second quarter. HighTower Advisors LLC now owns 20,767 shares of the basic materials company’s stock worth $5,779,000 after purchasing an additional 19,411 shares during the last quarter. Fifth Third Bancorp boosted its position in CSW Industrials by 19,565.8% during the first quarter. Fifth Third Bancorp now owns 81,023 shares of the basic materials company’s stock worth $21,113,000 after purchasing an additional 80,611 shares in the last quarter. Deutsche Bank AG purchased a new stake in CSW Industrials during the second quarter worth $4,951,000. Finally, Corient Private Wealth LP purchased a new stake in CSW Industrials during the second quarter worth $1,848,000. 82.79% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting CSW Industrials

Here are the key news stories impacting CSW Industrials this week:

• Positive Sentiment: Fiscal 2027 second-quarter revenue rose 30.5% year over year to $361.44 million, while earnings increased to $3.66 per share from $2.96 a year earlier. The company also reported record results, supported by 13% organic growth in its Contractor Solutions segment. CSW Industrials fiscal 2027 second-quarter results
• Positive Sentiment: Reported adjusted earnings and revenue were characterized as surpassing consensus in some coverage, highlighting resilient demand and operating momentum despite the headline EPS comparison. CSW Industrials shares rise after fiscal second-quarter results
• Neutral Sentiment: Management is advancing its Greco exit, while discussing approximately $49 million in fiscal 2027 interest expense. The exit could simplify the portfolio, but the interest burden remains an important factor for future profitability. CSW outlines fiscal 2027 interest expense and Greco exit
• Negative Sentiment: EPS of $3.66 missed the $3.69 consensus estimate by $0.03, creating a modest earnings-quality concern even as sales growth remained strong. CSW Industrials Q2 earnings miss estimates
• Negative Sentiment: Wells Fargo lowered its price target from $320 to $290 and assigned an “equal weight” rating, leaving limited implied upside and signaling reduced near-term conviction in the stock. Wells Fargo lowers CSW Industrials price target

About CSW Industrials

CSW Industrials, Inc (NYSE: CSW) is a diversified industrial company that develops, manufactures and sells products designed for professional trades, commercial and residential construction, and industrial maintenance applications. Its offerings are marketed primarily through established brands and distribution channels serving contractors, building professionals and industrial customers.

The company operates through three principal segments: Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions.